Wednesday, April 27, 2016

Doubt on the accuracy of George Osborne

Niamh-ni-Mhaoileoin, writing for Left Foot Forward, casts doubt on the accuracy of George Osborne in claiming the Leave campaign was causing economic slowdown:  http://leftfootforward.org/2016/04/osborne-blames-eu-for-gdp-growth-slowdown-but-what-about-his-policies/

Significant quote:

Lee Hopley, chief economist at the manufacturer’s organisation EEF commented that ‘’The extent to which this across the board weakening can be attributed to political uncertainty ahead of the referendum is open to question.’
While acknowledging that ‘referendum wobbles could make themselves felt in the coming months, she suggested that ‘global financial market volatility, stuttering world trade growth and challenges on the high street feel like more obvious explanations for the slowdown’

No comments: